The Australian dollar continued its strong sell-off even as the prices of industrial metals continued bouncing back. The AUD/USD pair crashed to a multi-month low of 0.6450 on Monday, much lower than this month’s high of 0.6645.
Bearish view:
- Sell the AUD/USD pair and set a take-profit at 0.6425
- Add a stop-loss at 0.6525
Bullish view:
- Set a buy-stop...
audusd is overall bearish as we have respected the third touch of the trendline and broke out of the range,head and shoulder pattern, equal high
we would be selling back down to 0.63000 as our first level target but once we get a pullback we go selling
AUDUSD experienced a slight recovery today, reaching 0.642, yet the overall trend remains bearish according to the daily chart, as this pair has twice attempted and failed to breach the resistance level at 0.662.
Sellers continue to dominate, evidenced by the breakdown of the uptrend line. On the upside, AUDUSD might see a minor correction to retest the breakout...
Hello Traders !
On The Daily Time Frame, The AUDUSD Formed a Rectangle Pattern.
Yesterday, The Price Broke The Support Level.
This Key Level Becomes a New Resistance Level !
So, I Predict a Bearish Move 📉
TARGET: 0.63620🎯
Hello traders, I hope you had great profits by selling AUD/USD last week. In my previous AUD/USD idea, I recommended selling AUDUSD@0.6620 zone, that call generated over 180 pips profit. Currently, AUD/USD has bounced off the support zone by almost 30 pips.
This makes me wonder, if there is a potential long entry here. So, if the support level that I had...
Preferred direction: BUY
Comment: We consider the Australian dollar in favor of a buyer within the medium term. It should be noted here that AUDUSD and NZDUSD will most likely update at least local minimums before growing. However, current prices are also great for "step by step" accumulating a buy-position. This trade is not designed for a big move...
Hello Fellow Traders, Its BEEN A WHILE!
I hope That Everyone Follows This Forecast To make some big Profits!
Here is a Full Updated Analysis & Forecast For XAUUSD
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some (Rejection / Confirmation / Direction)
2.Wait for confirmation(Price...
As we can see that AUDUSD broke support zone and is currently sitting at the major support zone and also showing bullish divergence.
so it can turn out to be a fake out that might have been created just to retest the major support lying beneath.
so we can plan long positions over here if we see some sort of bullish confirmation.
Looking at the trend in the four-hour time frame, AUD/USD can rise to the resistance of the ceiling of the descending channel in the range of 0.6623 after the formation of the ANTI BAT harmonic pattern.
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Preferred direction: BUY
Comment: We also continue to follow the buy-priority for currencies in the Pacific region. The AUD is expected to recover to the level of 0.65010 . It should be noted here that the growth potential is less than that of the euro and pound (one can take a look at these ideas). The trade is intended more for the short term, i.e. ...
AUD USD price fallen from resistance zone created a down trend line balanced the liquidity at support zone which is imbalance before price got break out of down trend line now price moving to balance the liquidity at resistance, make a long trade as shown in the picture, follow for more live updates...
Looking at the last reaction on AUDUSD unemployment release. Looking to be a buyer for Unempoyment read. Look for NY tomorrow to sell if there is an upmove on AUDUSD for news.
AUDUSD Top Down Analysis
H4: Directinal Bias
Broken structure to the downside.
Lookiing for Shorting positions from the
Supply Zone.
Price created an Imbalance leaving behind Supply
Zone above. Will sell from this zone.
H1: Technical Analysis
Price is in H4 Demand Zone and is strongly resisted
by the Buyers.
CHoCH signals short term trend reversal and...
FX:AUDUSD there is a bearish pattern in weekly, going toward fair value price then shoot up, as FED is keeping rates the same for a while pair could go down and may take a while to go there, and once FED cuts rates go up ( may go even before that with demand), this is for the long term, for short term pair could re OANDA:AUDUSD OANDA:AUDUSD trace from here a...
EURUSD / 1D
Greetings, traders! Welcome back to another market analysis.
AUDUSD has been trading in a trading range, the price seems to have broken the support for now, expecting lower prices for the next week. I'll wait for the previous S/L level to get on this leg up.
Trade safely,
Trader Leo.
